Share market update: Realty shares fall; Indiabulls Real Estate slumps 3%
NEW DELHI: Realty shares were trading with losses in Monday's morning session.

Shares of Indiabulls Real Estate (down 3.06 per cent) , Prestige Estates Projects (down 2.81 per cent) , Godrej Properties (down 2.17 per cent) and Oberoi Realty (down 1.97 per cent) were trading in the red.

Brigade Enterprises (down 1.51 per cent) , DLF (down 1.30 per

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Any correction will be a buy-on-dip opportunity
By Nagaraj Shetti Where are We After showing a consistent upmove in the last 7-8 sessions, the Nifty slipped into weakness on Friday and closed lower. A long bear candle was formed on Friday at a new swing high of 11,572, which signals profit taking from the highs. Technically, this action could be considered as a near-term reversal pattern at

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FPIs pour in Rs 38,211 crore in March
New Delhi: Foreign investors have poured in a net amount of Rs 38,211 crore in the domestic capital markets in March so far, mainly on account of improved global liquidity.

In February, foreign portfolio investors (FPIs) had put in a net amount of Rs 11,182 crore in the capital markets -- both debt and equity.

Analysts attributed the increase in

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The Nifty has gained 7 per cent since the beginning of the year, reversing the trend from a negative 2 per cent a month ago, thanks to strong performance by heavyweight companies including Axis Bank, Reliance Industries and Infosys. Their shares are up 22 per cent, 21 per cent and 12 per cent, respectively, in dollar terms since the beginning of

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PG Electroplast, Dynacons Systems among top gainers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 369.57 points down at 37,795.04 on account of selling in frontline bluechip counters.

Shares of Zenith Fibres (up 19.93 per cent) , Godavari Drugs (up 11.40 per cent) , Lancor Holdings (up 11.14 per cent) , Rexnord Electric (up 10.89 per cent) , Aayush Food - Herbs (up 10.77 per

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By Ksenia GalouchkoInvestors are starting to doubt that Jerome Powell’s magic dust can keep working miracles in equities.

The U.S. Federal Reserve’s remarkably dovish stance got a polite but restrained nod from markets on Wednesday after trade tensions and profit woes returned to center stage. The S-P 500 Index fell 0.8 percent over the five d

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Wait for some correction in banking sector
By Vikas Jain Where are WeNifty 50 has made a strong move over the past one month (2.6 per cent away from its all-time high) with broad-based momentum across sectors and stocks with banking index leading the rally to an all-time high near to 30,000 levels. The energy sector also scaled a new high with sustained up-move with stocks gaining in the

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Buzzing stocks: RCom, Suzlon Energy, RIL, ONGC, NTPC
NEW DELHI: Reliance Communications with over 0.92 crore shares changing hands was leading among the most traded stocks on NSE on Monday.

Shares of Suzlon Energy (number of shares traded: 0.32 crore) , Reliance Power (number of shares traded: 0.14 crore) , ONGC (number of shares traded: 0.12 crore) , NTPC (number of shares traded: 0.11 crore) , PNB

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Macro data, Brexit, crude among 6 factors that may chart market direction this week
NEW DELHI: The market-boosting US Fed interest rate decision, development around Brexit deal and a stronger rupee against the US dollar augured well for Indian equity market last week.

Even though the eight-day winning streak in equity benchmark Sensex halted on Friday, the benchmark index logged gains on a weekly basis. The Sensex edged up 140

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Share market update: Nifty Pharma index down; Glenmark Pharma falls over 1%
NEW DELHI: Pharma shares were trading lower in Monday's morning session with their sectoral index in the red.

Shares of Glenmark Pharmaceuticals (down 1.45 per cent) , Sun Pharmaceutical Industries (down 1.44 per cent) and Piramal Enterprises (down 1.07 per cent) were trading lower.

Cipla (down 0.91 per cent) Biocon (down 0.58 per cent) and Lupin

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Investors are about to absorb $131 billion of Treasury note auctions at the lowest yields in months, after they piled into US debt following a dovish Federal Reserve decision and fresh signs that global growth is weakening.

The week kicks off with a closely watched segment of the US yield curve foreshadowing a recession: The gap between 3-month

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Fed nominee Moore says December rate hike was a big mistake
By Craig Torres and Rich Miller

Federal Reserve nominee Stephen Moore called the Fed’s December interest-rate hike “a very substantial mistake” while adding that he looks forward to working with Chairman Jerome Powell to help ensure the US economy continues to expand.

“Everyone would now acknowledge that what they did in December with the rate i

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Share market update: IT shares down; Infibeam Avenues dips 2%
NEW DELHI: IT shares were trading lower in Monday's morning session.

Shares of Infibeam Avenues (down 2.44 per cent) , Infosys (down 0.85 per cent) , Tata Consultancy Services (down 0.83 per cent) and HCL Technologies (down 0.79 per cent) were trading with losses.

Tata Elxsi (down 0.72 per cent) , Oracle Financial Services Software (down 0.13 per

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Tata Capital looking to raise $100 million via ECB
Mumbai, Mar 24 (PTI) Tata Capital, the financial services arm of the diversified conglomerate, will be raising $100 million in foreign borrowings through an arm by next week, a top official has said.

The external commercial borrowing (ECB) being raised by Tata Capital Housing Finance is part of a liabilities diversification programme, Tata Capital

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Following an unabated rise in last several days, the domestic equity market finally took a breather on the last trading day of the week. In Friday’s session, Nifty displayed visible signs of consolidation, as it had got steeply overbought on the daily charts. As the week ended, Nifty also highlighted a major resistance area on the weekly chart t

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Share market update: PSU Bank shares dip; BoB slips 2%
NEW DELHI: Shares of PSU banks were trading in the negative zone in Monday's morning session.

Shares of Central Bank of India (down 2.54 per cent) , Indian Bank (down 2.31 per cent) , Bank of Baroda (down 1.96 per cent) and Oriental Bank of Commerce (down 1.83 per cent) were the top losers in the index.

State Bank of India (down 1.56 per cent) , ID

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View: The world's wealth rests on a paper-thin illusion
By Satyajit DasThe world is wealthier now than it’s ever been — but only on paper. Much of this prosperity may prove illusory as a global shift toward less liquid investments undermines the basis of valuation.

Private equity, infrastructure and private credit have become a bigger share of investment portfolios, making mark-to-market values

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Market to stay upbeat for 2 months, will have tough times after that: Gautam Chhaochharia, UBS
MUMBAI: Domestic stocks may continue to rally for the next couple of months, but such a surge may fizzle out sooner than one expects as valuations would soon look very expensive from a one-year perspective, says Gautam Chhaochharia, Managing Director and Head of Research at UBS Securities, India.

The current rally in stocks, Chhaochharia says, is

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Tech Mahindra shares gain as buyback offer opens for subscription
NEW DELHI: Shares of Tech Mahindra rose nearly 1 per cent on Monday morning after its Rs 1,956-crore buyback offer opened for subscription on Monday.

The subscription will close on April 5.

The scrip rose nearly 1 per cent to hit a high of Rs 795.70. Later, the scrip was hovering at Rs 790.10, up 0.06 per cent at 09:38 am. This was against 0.95

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Tweet Buster: Market in la la land; stock it up, but mind your moves
NEW DELHI: Equity market's eight-day rally came to a halt on Friday, as stocks navigated through a truncated week with an eye on March F-O expiry. However, mojo still ran high and wild with the likes of Morgan Stanley upgrading their outlook on India.

L-T's hostile takeover of mid-tier IT firm Mindtree and rescue plans for Jet Airways mad

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Federal Reserve signals for Indian investments
By Taponeel Mukherjee

The signalling at the Federal Reserve of the US meeting last week that no more interest rate hikes should be expected during 2019 has ramifications across the globe given the scale of the US economy and the importance of Federal Reserve policy to global investments. From the perspective of the Indian investment community,

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Share market update: Auto shares in the red; Tata Motors down nearly 2%
NEW DELHI: Auto shares were trading in the red in Monday's morning session.

Shares of Bharat Forge (down 2.05 per cent) , Tata Motors (down 1.91 per cent) , Motherson Sumi Systems (down 1.63 per cent) and Mahindra - Mahindra (down 1.44 per cent) were trading with losses.

Tata Motors (DVR) (down 1.44 per cent) , Exide Industries (down 1.40 per

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How REITs are bringing hope to cash-strapped Indian real estate
New Delhi: The launch of India's first Real Estate Investment Trust (REIT) and its initial public offering last week has come as a positive move for the cash-starved Indian real estate sector.

The IPO of Embassy Office Parks REIT, India's first REIT to be listed, was fully subscribed on Wednesday, the last day of the three-day initial share sale,

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Factbox: What happens next on Brexit
LONDON : European Union leaders have given Prime Minister Theresa May a two week reprieve before Britain could leave the bloc without an exit deal if she fails to win parliament's backing for her agreement with Brussels.

Below is what is due to happen next: BREXIT DEBATE - MONDAY 25 MARCH

Lawmakers are due to debate a government motion saying that

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NEW DELHI: Key equity indices Sensex and Nifty lurched lower sharply in opening deals on Monday, tracking weakness in global markets.

A nearly 380 points fall in the Sensex index came in the wake of a sharp selloff in US stocks as concerns about the health of the world economy spooked investors.

Around 9:20 am, the BSE Sensex was 375 points, or

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Govt garners Rs 700 crore via first ever sale of enemy shares
New Delhi: Sale of 'enemy shares' and buyback of stocks by CPSEs have together yielded the government over Rs 11,300 crore, thus helping the exchequer mop up Rs 85,000 crore from disinvestment in the current fiscal -- the second highest receipt ever.

The government has garnered Rs 700 crore through the first ever sale of 'enemy shares' after the

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by Rahul Satija

India delayed the introduction of tough new accounting rules for the second year running, in a move that will spare the country’s banks from adding another layer to the $190 billion pile of bad loans on their books.

The Reserve Bank of India said late Friday that legislative amendments needed to implement the new Indian Accounting

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Emkay Global, Jeevan Scientific among top losers on BSE
NEW DELHI: The domestic equity benchmark BSE Sensex was trading 345.37 points down at 37,819.24 on Monday on account of selling in frontline bluechip counters.

Shares of Faze Three (down 10.27 per cent), Mohit Industries (down 9.89 per cent), Joindre Capital (down 9.55 per cent), Media Matrix (down 8.70 per cent), P G Foils (down 8.16 per cent),

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By Andy MukherjeeA smug, entitled business class driven by greed and hubris, but sorely lacking in resources to legitimize their control. I could be describing the India Inc. of today – or 1959. Nothing much has changed.

Jet Airways Ltd., India’s oldest surviving private-sector airline, is about to crash land. Founder Naresh Goyal neither brought

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Fed rate hike, rate cut both 'on the table': Bostic
SAN FRANCISCO: The Federal Reserve's patient approach to monetary policy is no guarantee that it will leave interest rates where they are for the rest of the year, the president of the Atlanta Federal Reserve Bank, Raphael Bostic, said on Friday.

"Standing pat is definitely an option, but depending on how the economy responds, moving rates up, or

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